7/1010 sources · 4 publishersUpdated Nov 4, 23:38 UTC
Westlake reports Q3 2026 earnings with modest profit, revenue beat and European plant closure
Westlake Corporation posted third‑quarter 2026 results showing net sales of about $2.98 billion and GAAP net income of $6 million, or $0.05 per share. Adjusted earnings were $0.45 per share and adjusted EBITDA fell to $408 million. Management announced the closure of its Cologne, Germany PVC plant as part of a European footprint optimization.
Why it matters
Analysts noted the earnings miss versus consensus forecasts, which could weigh on the stock in the near term. However, the company generated $220 million of free cash flow and maintains a strong balance sheet, supporting its ability to fund the restructuring.
Key facts
- 1Net sales were $2,981 million for the quarter. stocktitan.net
- 2GAAP net income was $6 million, or $0.05 per diluted share. stocktitan.net
- 3Adjusted net income was $58 million, or $0.45 per diluted share. stocktitan.net
- 4GAAP EBITDA was $350 million; adjusted EBITDA (excluding identified items) was $408 million. stocktitan.net
- 5Free cash flow from operations was $220 million. investing.com
- 6The company announced the closure of its PVC plant in Cologne, Germany. stocktitan.net
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.